Fund Management

Climate risk is also an investment opportunity, says BlackRock's head of green infrastructure

Despite recent critique of investor’s climate risk models, BlackRock’s Global Head of Climate Infrastructure is confident that the asset manager’s new infrastructure fund will meet its target.
"I think we are seeing the climate risk being considered more and more, but some of those risks that exist out there are also investment opportunities," says David Giordano, BlackRock's global head of climate infrastructure. | Photo: Lucy Nicholson/Reuters/Ritzau Scanpix and PR/BlackRock
"I think we are seeing the climate risk being considered more and more, but some of those risks that exist out there are also investment opportunities," says David Giordano, BlackRock's global head of climate infrastructure. | Photo: Lucy Nicholson/Reuters/Ritzau Scanpix and PR/BlackRock
by PHILIP MADSEN

As BlackRock’s global head of climate infrastructure, David Giordano is steering capital toward green energy in hopes of yielding an attractive return on behalf of his clients, while also limiting climate change.

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